Reports Q1 revenue $518.6M, consensus $526.13M. “UCT’s first quarter results were impacted by softening demand late in the quarter as customers reassessed their spending in reaction to an increasingly uncertain and volatile business environment,” said Clarence Granger, Interim CEO. “Amid reduced industry visibility and an increasingly dynamic geopolitical landscape, we are focused on execution for our customers, while controlling our costs and maximizing our business efficiency.”
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